May
Tesla slams Glass Lewis after report on Musk mega pay deal
The electric vehicle maker has hit back at the proxy adviser and is urging investors to back Musk’s mega pay deal.
- Exclusive
- Executive shake-up
Canva enterprise boss out after six months
Former Google and Microsoft executive Javier Soltero was hired to lead the company’s enterprise efforts, which are key to its IPO plans.
- Exclusive
- Start-ups
‘If you don’t like it, get a job at a bank’: Canva boss
The design software giant’s all-singing, all-dancing debut event in Los Angeles came with a host of new features – and rumblings of a cost to its tired staff.
‘China is run by engineers, US by political lawyers’: Tech pioneer’s warning
As senior exec at AOL and Sun, William Raduchel spent 60 years at the forefront of the tech revolution - and once dated Janet Yellen. Here’s what he’s learnt.
- Exclusive
- Start-ups
Canva, in the US, lifts the lid on its plan to win over Wall Street
It has hit $US2.3 billion revenue, but growth among individual users is slowing, so Canva is relying on big customers to keep its financials in IPO-shape.
Replica Ozempic and Mounjaro will be banned by October
The ruling preserves the status quo of the drug market in a boon to big pharmaceutical firms and a blow to start-ups that are trying to disrupt the sector.
- Exclusive
- Venture capital
Big win for Square Peg as Nvidia buys AI start-up Deci
The Melbourne VC firm will soon be toasting a rich profit on its investment in an Israeli AI start-up, when it is acquired by chip titan Nvidia for $447 million.
Nuix shares jump after smashing guidance
The company is primed to beat its full-year forecast for fiscal 2024 after signing a multi-year contract with an undisclosed software customer.
Financial Review print and digital readership jumps
The Australian Financial Review has grown its print and digital readership for the year, while its News Corp rival The Australian went backwards.
Medicare numbers, prescription information taken in MediSecure hack
The government has reassured Australians that no documents need to be replaced as a result of the hack on the little-known technology company.
- Analysis
- Start-ups
Growing pains: Tougher times put VC on a collision course with media
From rumblings of a boycott to senior technology investors complaining, Australia’s start-up and media industries aren’t as close as they used to be.
- Exclusive
- Cybersecurity
Hackers hold Australian prescription platform to ransom
The government’s cybersecurity co-ordinator is managing the fallout from a “large-scale ransomware data breach” at digital prescription network MediSecure.
‘Business spends bugger all’: what landmark R&D review aims to fix
Technology industry experts warn a new government review into the R&D system must not cut tax incentives, and must kick-start anaemic business investment.
PsiQuantum deal will cost almost $30m just to check it works
But most of the details of the government’s marquee bet on the potentially powerful technology have been kept secret in the budget.
The winners and losers in the federal budget
Green business, public servants, renters and taxpayers are budget winners while consultants, the Reserve Bank and tax cheats do poorly.
Judge rebukes ‘clear case’ of government overreach on stabbing video
A Federal Court judge said a global ban would not be a “reasonable” step and would likely be ignored by other countries.
Musk triumphs over Australian government on stabbing videos
The ruling raises questions about whether the eSafety Commission has sufficient powers to do its job or if it bungled its case against Elon Musk’s X.
ARN throws a Hail Mary to revive collapsed radio merger
Takeover target SCA gave a dim view of the revised plan, which doesn’t include private equity firm Anchorage Capital.
15 minutes to get around X’s stabbing video ban, court hears
Lawyers for the social network argued that they had complied with a government take-down notice, which they said was invalid, by blocking footage in Australia.
- Investigation
- Rich List
For this Rich Lister, does the reality live up to the hype?
Property mogul and entrepreneur Shaun Bonett has a fortune of more than $2 billion, according to the Rich List. Those valuations might not live up to the hype.